BKLC vs. VTI

Last updated Jun 13, 2026

BKLC (BNY Mellon US Large Cap Core Equity ETF) and VTI (Vanguard Total Stock Market ETF) are both Large Cap Blend Equities funds - BKLC tracks the Morningstar US Large Cap Index while VTI tracks the CRSP US Total Market Index. Both are passively managed. Over the past 5 years, BKLC returned 13.79%/yr vs 12.20%/yr for VTI. With a 0.97 correlation, they move nearly in lockstep. BKLC charges 0.00%/yr vs 0.03%/yr for VTI.

Performance

BKLC vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon US Large Cap Core Equity ETF (BKLC) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BKLC achieves a 9.04% return, which is significantly lower than VTI's 9.62% return.

BKLC

• 1D: 0.43%
• 1M: 0.06%
• YTD: 9.04%
• 6M: 9.42%
• 1Y: 24.38%
• 3Y*: 21.79%
• 5Y*: 13.79%
• 10Y*: —

VTI

• 1D: 0.57%
• 1M: 0.45%
• YTD: 9.62%
• 6M: 9.69%
• 1Y: 24.78%
• 3Y*: 20.60%
• 5Y*: 12.20%
• 10Y*: 15.02%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BKLC vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BKLC BNY Mellon US Large Cap Core Equity ETF	9.04%	18.06%	25.56%	30.88%	-20.52%	27.41%	37.31%
VTI Vanguard Total Stock Market ETF	9.62%	17.10%	23.81%	26.05%	-19.52%	25.68%	44.10%

Correlation

The correlation between BKLC and VTI is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (All Time) Calculated using the full available price history since Apr 9, 2020	0.97

The correlation between BKLC and VTI has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.

BKLC vs. VTI - Sectors Allocation Comparison

Sectors	BKLC	VTI
Technology	38.2%	33.5%
Communication Services	10.8%	10.3%
Financial Services	10.7%	12.0%
Consumer Cyclical	10.0%	10.0%
Healthcare	8.4%	9.2%
Industrials	7.8%	9.8%
Consumer Defensive	4.4%	4.7%
Energy	3.2%	3.7%
Utilities	2.5%	2.3%
Real Estate	1.6%	2.4%
Basic Materials	1.6%	2.0%

Return for Risk

BKLC vs. VTI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BKLC

BKLC Risk / Return Rank: 68
BKLC Sharpe Ratio Rank: 69
BKLC Sortino Ratio Rank: 65
BKLC Omega Ratio Rank: 69
BKLC Calmar Ratio Rank: 62
BKLC Martin Ratio Rank: 73

VTI

VTI Risk / Return Rank: 70
VTI Sharpe Ratio Rank: 70
VTI Sortino Ratio Rank: 68
VTI Omega Ratio Rank: 69
VTI Calmar Ratio Rank: 64
VTI Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BKLC vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon US Large Cap Core Equity ETF (BKLC) and Vanguard Total Stock Market ETF (VTI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BKLC	VTI	Difference
Sharpe ratio: Return per unit of total volatility	1.94	1.97	-0.03
Sortino ratio: Return per unit of downside risk	2.60	2.67	-0.07
Omega ratio: Gain probability vs. loss probability	1.35	1.35	0.00
Calmar ratio: Return relative to maximum drawdown	2.69	2.79	-0.10
Martin ratio: Return relative to average drawdown	11.95	12.52	-0.57

BKLC vs. VTI - Sharpe Ratio Comparison

The current BKLC Sharpe Ratio is 1.94, which is comparable to the VTI Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of BKLC and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BKLC vs. VTI - Drawdown Comparison

The maximum BKLC drawdown since its inception was -26.14%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for BKLC and VTI.

Drawdown Indicators

	BKLC	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-26.14%	-55.45%	+29.31%
Max Drawdown (1Y) Largest decline over 1 year	-9.10%	-8.92%	-0.18%
Max Drawdown (3Y) Largest decline over 3 years	-19.05%	-19.30%	+0.25%
Max Drawdown (5Y) Largest decline over 5 years	-26.14%	-25.36%	-0.78%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	-2.43%	-2.14%	-0.29%
Average Drawdown Average peak-to-trough decline	-5.26%	-8.02%	+2.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.05%	1.99%	+0.06%

Volatility

BKLC vs. VTI - Volatility Comparison

BNY Mellon US Large Cap Core Equity ETF (BKLC) and Vanguard Total Stock Market ETF (VTI) have volatilities of 4.60% and 4.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKLC	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.60%	4.50%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	9.87%	9.82%	+0.05%
Volatility (1Y) Calculated over the trailing 1-year period	12.63%	12.64%	-0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.23%	17.47%	-0.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.47%	18.33%	-0.86%

BKLC vs. VTI - Expense Ratio Comparison

BKLC has a 0.00% expense ratio, which is lower than VTI's 0.03% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BKLC vs. VTI - Dividend Comparison

BKLC's dividend yield for the trailing twelve months is around 1.03%, which matches VTI's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKLC BNY Mellon US Large Cap Core Equity ETF	1.03%	1.05%	1.22%	1.35%	1.64%	1.10%	0.84%	0.00%	0.00%	0.00%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.03%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both BKLC and VTI in my portfolio?

With a correlation of 0.99, BKLC and VTI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BKLC or VTI?

BKLC has higher volatility (4.60%) compared to VTI (4.50%). In terms of maximum drawdown, BKLC dropped -26.14% vs VTI's -55.45%.

Which ETF is better, BKLC or VTI?

On 5-year performance, BKLC leads with 13.79% vs 12.20% for VTI. On fees, BKLC is cheaper at 0.00% per year. On volatility, VTI has been the lower-risk option at 4.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKLC or VTI?

Over the 5-year period, BKLC has performed better with a 13.79% return vs 12.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKLC or VTI?

BKLC is cheaper with a 0.00% expense ratio, compared with 0.03% for VTI.

Which ETF pays a higher dividend yield, BKLC or VTI?

BKLC and VTI have nearly identical dividend yields, around 1.03%.

What is the main difference between BKLC and VTI?

BKLC tracks Morningstar US Large Cap Index, while VTI tracks CRSP US Total Market Index. They also come from different issuers: BNY Mellon and Vanguard. Their fees differ too: 0.00% for BKLC and 0.03% for VTI.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (1.97 vs 1.94), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.